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Allens advises beverage consortium on NSW container deposit scheme

1 August 2017

Allens has advised Exchange for Change, a consortium of five leading beverage companies, on its successful bid for the role of scheme coordinator in the New South Wales Government's container deposit scheme, Return and Earn.

The consortium, comprising Asahi, Carlton & United Breweries, Coca-Cola Amatil, Coopers and Lion, will be responsible for the financial management of the scheme, including audit and verification, as well as marketing and community education.

The container deposit scheme will be the largest litter reduction scheme introduced in NSW, and will play a significant role in the Premier's goal of reducing the volume of litter in the state by 40 per cent by 2020.

Allens' multidisciplinary team advised on all aspects of the transaction, including the joint venture arrangement, project documents, and competition and regulatory issues.

'We are delighted to have worked with some of the world's leading beverage suppliers on their bid for a role in this landmark project,' said Leighton O'Brien, lead partner on the transaction and Sector Leader of Infrastructure and Transport at Allens.

'We are looking forward to continuing our work with Exchange for Change as we harness our
a+ suite of alternative legal services for signing of all supply arrangements in the next phase of the project.'